1-bed · 796 sqftSevanam Crown, Dubai Silicon Oasis · 7th floor · completed 2009

703, Sevanam Crown

Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 409K4 August 2013
Current rentAED 30K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Sevanam Crown

What is 703 worth today?

Last sold for AED 408,748 in 2013

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20 Sep 2023RentedRenewal
AED 30,000/yr12 months · AED 38 per sqft
21 Sep 2022RentedNew contract
AED 27,000/yr12 months · AED 34 per sqft
3 Apr 2019RentedNew contract
AED 34,903/yr12 months · AED 44 per sqft
1 Nov 2015RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
1 Nov 2014RentedNew contract
AED 52,000/yr12 months · AED 65 per sqft
4 Aug 2013Sold by developerReady
AED 408,748AED 513 per sqft
25 Jan 2013RentedNew contract
AED 35,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
7th of 9
Parking
B2-23
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 13,800 /yr
Last sold
AED 409K · August 2013

About 703, Sevanam Crown

703 is a one-bedroom apartment of 796 sqft on the 7th floor of Sevanam Crown, a 9-storey tower in Dubai Silicon Oasis completed in 2009 by Sevanam Holdings. The developer sold it on 4 August 2013 for AED 408,748, or AED 513 per sqft, in line with the AED 524 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 20 September 2023, is AED 30,000 a year: a gross yield of 7.3% on the 2013 price, before the service charge of about AED 13,800 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Sevanam Crown
500K2009201420192024Typical sale price by year: 2009 AED 870,153; 2011 AED 787,454; 2012 AED 507,759; 2013 AED 396,378; 2014 AED 412,200; 2015 AED 700,000; 2017 AED 450,000; 2019 AED 310,000; 2021 AED 330,000; 2023 AED 380,000; 2024 AED 462,500; 2025 AED 547,500; 2026 AED 630,000Sold by developer, August 2013: AED 408,748 (AED 513 per sqft)

703 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, each contractTypical one-bed in Sevanam Crown
40K60K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 36,000; 2014 AED 50,000; 2015 AED 52,750; 2016 AED 54,000; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 38,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 48,000; 2026 AED 48,300New contract, January 2013: AED 35,000 a yearNew contract, November 2014: AED 52,000 a yearNew contract, November 2015: AED 60,000 a yearNew contract, April 2019: AED 34,903 a yearNew contract, September 2022: AED 27,000 a yearRenewal, September 2023: AED 30,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Sevanam Crown, and where 703 sits

All 99 1-beds →

703 last sold in August 2013 at AED 513 per sqft, in line with what one-beds in Sevanam Crown were fetching at the time (AED 524). Over the last 12 months one-beds sold for AED 529,940 to 670,000, around AED 792 per sqft, and rent for AED 28,000 to 66,000 a year. 703's AED 30,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Sep 2026630,000
20 Jul 2026670,000
10 Jun 2026655,000
22 May 2026625,000
5 1-bed sales in the last 12 months

Sevanam Crown

Building

126 apartments, studios to 1-bed over 9 floors in Dubai Silicon Oasis, completed in 2009 by Sevanam Holdings. 5 sold in the last 12 months.

Typical price per sqft
AED 792
Typical sale
AED 630K
Typical rent
AED 47K /yr
Typical yield
9.0%
Sevanam Crown, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 126 units in Sevanam Crown
Value
7011-bedAED 572K · Feb 2012
7021-bedAED 493K · Jan 2015
7041-bedAED 632K · May 2012
7051-bedAED 409K · May 2012
7061-bedAED 315K · Jan 2023
7071-bedAED 495K · Feb 2012
7081-bedAED 779K · Dec 2011
1–7 of 13

703, Sevanam Crown in numbers

  • Sold once: by Sevanam Holdings on 4 August 2013 for AED 408,748, or AED 513 per sqft.
  • Rented since January 2013 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 27,000 in 2022 and recovered to AED 30,000 by September 2023.
  • At AED 30,000 a year the gross yield on the 2013 price is 7.3%, before a service charge of about AED 13,800 a year (AED 17.36 per sqft).
  • One-beds in Sevanam Crown sold for AED 529,940–670,000 in the 12 months to November 2026; the building's median across all types is AED 792 per sqft.

Source: Dubai Land Department. Updated 20 September 2023.

Questions about 703, Sevanam Crown

What did unit 703 last sell for?

AED 408,748 on 4 August 2013, sold by the developer: AED 513 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 30,000 a year on the contract renewed on 20 September 2023. The previous contract, from September 2022, was AED 27,000; the unit has been rented since January 2013.

How big is unit 703?

796 sqft (74.0 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2009.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sevanam Crown sold for AED 529,940 to 670,000 in the last 12 months, around AED 792 per sqft.

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Mortgage on 703, Sevanam Crown

Starts from the last sale price (AED 409K, 4 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 408,748
Deposit, UAE resident (20%)
AED 81,750
Deposit, non-resident (40%)
AED 163,499
Monthly over 25 years at 3.7%
AED 1,672

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →